Servicesource international, inc. (SREV)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net revenue

50,114

-

-

-

55,511

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenue

-

-

53,395

52,358

-

-

57,173

61,111

58,585

-

58,132

58,262

56,708

-

62,514

61,969

59,750

64,961

59,432

61,613

66,197

74,654

64,713

65,997

66,816

77,182

66,482

67,697

61,121

67,345

59,090

59,694

57,574

60,779

50,088

48,512

46,122

38,316

37,976

Cost of revenue

35,560

37,459

37,871

38,349

39,476

40,557

39,949

42,463

41,724

41,980

40,803

39,517

41,409

42,502

40,789

40,344

41,434

40,294

42,568

42,692

45,815

48,678

49,218

48,518

47,595

45,601

39,730

38,620

38,498

35,319

34,544

33,882

32,576

31,007

28,034

28,229

26,136

21,895

21,175

Gross profit

14,554

17,412

15,524

14,009

16,035

20,914

17,224

18,648

16,861

24,045

17,329

18,745

15,299

26,152

21,725

21,625

18,316

24,667

16,864

18,921

20,382

25,976

15,495

17,479

19,221

31,581

26,752

29,077

22,623

32,026

24,546

25,812

24,998

29,772

22,054

20,283

19,986

16,421

16,801

Operating expenses:
Sales and marketing

7,268

7,075

7,499

7,486

7,949

8,488

8,622

9,252

9,238

8,212

7,829

8,620

8,340

11,345

8,847

11,326

10,454

12,419

10,667

10,165

10,835

12,762

14,343

17,212

15,671

14,920

13,731

15,367

14,808

15,767

13,512

14,169

13,477

13,856

12,144

11,415

11,105

9,696

8,340

Research and development

1,181

1,146

1,165

1,274

1,263

1,745

1,395

1,780

1,516

1,195

1,048

1,243

2,243

2,213

1,952

2,016

2,163

3,538

3,474

4,646

4,822

5,803

6,402

6,881

6,716

5,313

5,500

6,794

6,248

5,960

4,416

4,298

4,581

3,423

3,547

3,390

2,713

1,419

1,490

General and administrative

10,688

11,127

10,129

10,970

10,982

8,335

12,907

13,157

12,889

13,059

12,543

13,505

13,980

14,762

14,638

11,552

12,043

12,521

10,912

10,701

12,165

11,755

10,932

12,256

12,865

11,731

11,177

10,783

11,222

10,496

10,000

10,564

10,075

8,955

8,969

7,870

7,853

5,444

4,392

Restructuring and other related costs

467

93

630

148

1,058

0

0

156

53

-

545

5,715

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-75

-2

2,988

751

1,377

1,937

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

19,604

19,441

19,423

19,878

21,252

18,568

22,924

24,345

23,696

23,514

21,965

29,083

24,563

28,320

25,437

24,894

24,660

28,403

25,051

28,500

28,573

35,805

54,614

36,349

35,252

31,964

30,408

32,944

32,278

32,223

27,928

29,031

28,133

26,234

24,660

22,675

21,671

16,559

14,222

Loss from operations

-5,050

-2,029

-3,899

-5,869

-5,217

2,346

-5,700

-5,697

-6,835

531

-4,636

-10,338

-9,264

-2,168

-3,712

-3,269

-6,344

-3,736

-8,187

-9,579

-8,191

-9,829

-39,119

-18,870

-16,031

-383

-3,656

-3,867

-9,655

-197

-3,382

-3,219

-3,135

3,538

-2,606

-2,392

-1,685

-138

2,579

Interest and other expense, net

874

-

-

-

490

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense and other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,574

-4,301

179

-245

-53

-540

190

-333

-91

-24

309

-384

-525

-275

168

Interest and other expense, net

-

-

419

58

-

-89

1,058

2,776

2,846

2,331

2,839

2,646

2,070

3,204

2,291

1,700

1,509

2,219

2,513

2,739

1,845

-

2,867

2,196

-

-

1,272

50

54

-

70

-

-

92

27

51

333

325

304

Impairment loss on investment securities

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost-method Investments, Realized Losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of cost basis equity investment

-

-

-

-

-

-

-

-

-

-

-2,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss on investment securities

-

-

0

0

-

42

0

0

1,958

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of cost basis equity investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before provision for income taxes

-5,924

-2,288

-4,318

-5,927

-5,707

2,435

-6,758

-8,473

-11,639

-1,800

-5,375

-12,984

-11,334

-7,572

-8,303

-4,969

-7,853

-5,955

-10,700

-12,318

-10,036

-13,200

-41,986

-21,066

-18,605

-3,308

-4,749

-4,162

-9,762

-667

-3,262

-3,552

-3,226

3,422

-2,324

-2,827

-2,543

-738

2,443

Provision for income tax expense

18

204

119

108

12

156

-133

414

13

-1,874

-180

117

290

924

968

249

1,288

113

203

1,134

134

521

-200

26

135

-1,319

753

744

693

518

322

33,217

-1,950

1,769

501

-1,694

-19,959

265

926

Net loss

-5,942

-2,492

-4,437

-6,035

-5,719

2,279

-6,625

-8,887

-11,652

74

-5,195

-13,101

-11,624

-8,496

-9,271

-5,218

-9,141

-6,068

-10,903

-13,452

-10,170

-13,721

-41,786

-21,092

-18,740

-1,989

-5,502

-4,906

-10,455

-1,185

-3,584

-36,769

-1,276

1,653

-2,825

-1,133

17,416

-1,003

1,517

Net loss per common share:
Net loss per common share:
Basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74,172

73,212

208,689

69

67

57,797

57

57

Diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74,172

73,212

231,106

69

67

63,096

57

58

Basic and diluted (in dollars per share)

-0.06

-0.03

-0.05

-0.06

-0.06

0.03

-0.07

-0.10

-0.13

0.01

-0.06

-0.15

-0.13

-0.09

-0.11

-0.06

-0.11

-

-0.13

-0.16

-0.12

-

-0.50

-0.25

-0.23

-

-0.07

-0.06

-0.14

-

-0.05

-

-

-

-

-

-

-

-

Basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.50

-0.02

-0.01

-0.04

-0.02

0.30

-0.02

0.03

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.50

-0.02

-0.01

-0.04

-0.02

0.28

-0.02

0.03

Weighted-average common shares outstanding:
Weighted-average common shares outstanding:
Basic and diluted (in shares)

94,968

94,674

94,228

93,712

92,914

92,750

92,113

91,323

90,358

90,227

89,511

88,813

88,385

87,495

86,283

85,413

86,081

-

85,994

85,072

84,252

-

83,131

82,784

82,077

-

79,740

77,275

75,610

-

74,667

-

-

-

-

-

-

-

-